draftkings
15,684 views
19 Discussing
Hot
Latest
🚨 BREAKING NEWS 🚨
DraftKings has officially reached a settlement with the NFL Players Association (NFLPA) regarding the unauthorized use of NFL player likenesses in their NFTs. 🏈💻 This resolution comes after disputes over unpaid royalties and the use of players' images in digital collectibles. The agreement marks a significant step in protecting athletes' rights in the rapidly evolving world of blockchain and digital assets. 💼✨
This settlement highlights the growing importance of intellectual property rights in the NFT space, especially as sports leagues and players navigate the intersection of technology, entertainment, and ownership. 🎮📜 Fans and players alike can now look forward to more transparent and fair collaborations in the future! 🌟🤝
#SportsTech #NFTs #NFL #DraftKings #Blockchain #PlayerRights 🚀🔥
$BTC
$ETH
$XRP
DraftKings has officially reached a settlement with the NFL Players Association (NFLPA) regarding the unauthorized use of NFL player likenesses in their NFTs. 🏈💻 This resolution comes after disputes over unpaid royalties and the use of players' images in digital collectibles. The agreement marks a significant step in protecting athletes' rights in the rapidly evolving world of blockchain and digital assets. 💼✨
This settlement highlights the growing importance of intellectual property rights in the NFT space, especially as sports leagues and players navigate the intersection of technology, entertainment, and ownership. 🎮📜 Fans and players alike can now look forward to more transparent and fair collaborations in the future! 🌟🤝
#SportsTech #NFTs #NFL #DraftKings #Blockchain #PlayerRights 🚀🔥
$BTC
$ETH
$XRP
🚨 #DraftKings 🔥 #NFTLawsuit ⚖️ 🚨
🚨 DraftKings Settles NFT Lawsuit for $10 Million! 🚨
💥 What happened? 💥
DraftKings Inc. has agreed to a $10 MILLION settlement 🤑 to resolve a class-action lawsuit over its NFT sales! 📜⚖️
---
🔥 Key Details:
🔴 Allegations: 🚨 DraftKings allegedly sold unregistered securities in the form of NFTs, violating state & federal securities laws. ⚠️🎭
💰 Settlement Payout: 🎯 The $10M fund will be distributed to users who bought, held, or sold DraftKings NFTs between Aug 11, 2021 – Settlement Date. 📆💸
⚖️ Legal Battle Recap:
⚡ This follows another legal dispute with NFLPA over NFT contracts, which was settled in Jan 2025. 🏈🏛️
📈 Stock Update: As of Feb 27, 2025 📊:
📌 DKNG Price: $44.18 📈 (+1.89%)
📌 Day’s High: $44.34 🔝
📌 Day’s Low: $42.60 🔻
---
🚀 Why It Matters?
👉 NFT regulations are tightening! 🔍💼
👉 Major companies like DraftKings are now facing legal accountability! ⚖️🔥
👉 If you traded DraftKings NFTs, you might be eligible for compensation! 💵👀
---
📢 Stay Updated!
📌 Follow for more crypto & NFT news! 📰🔥
📌 Check if you qualify for a payout! 💰✅
🚨 DraftKings Settles NFT Lawsuit for $10 Million! 🚨
💥 What happened? 💥
DraftKings Inc. has agreed to a $10 MILLION settlement 🤑 to resolve a class-action lawsuit over its NFT sales! 📜⚖️
---
🔥 Key Details:
🔴 Allegations: 🚨 DraftKings allegedly sold unregistered securities in the form of NFTs, violating state & federal securities laws. ⚠️🎭
💰 Settlement Payout: 🎯 The $10M fund will be distributed to users who bought, held, or sold DraftKings NFTs between Aug 11, 2021 – Settlement Date. 📆💸
⚖️ Legal Battle Recap:
⚡ This follows another legal dispute with NFLPA over NFT contracts, which was settled in Jan 2025. 🏈🏛️
📈 Stock Update: As of Feb 27, 2025 📊:
📌 DKNG Price: $44.18 📈 (+1.89%)
📌 Day’s High: $44.34 🔝
📌 Day’s Low: $42.60 🔻
---
🚀 Why It Matters?
👉 NFT regulations are tightening! 🔍💼
👉 Major companies like DraftKings are now facing legal accountability! ⚖️🔥
👉 If you traded DraftKings NFTs, you might be eligible for compensation! 💵👀
---
📢 Stay Updated!
📌 Follow for more crypto & NFT news! 📰🔥
📌 Check if you qualify for a payout! 💰✅
#DraftKings s Reportedly Settles NFLPA’s Lawsuit over NFTs
DraftKings is reported to have settled the NFL union lawsuit which alleged that the company had not fulfilled its #NFT payment obligations.
covers.com • Jan 28, 2025
#nft #NFTs
$VANA
$ZRX
$YFI
DraftKings is reported to have settled the NFL union lawsuit which alleged that the company had not fulfilled its #NFT payment obligations.
covers.com • Jan 28, 2025
#nft #NFTs
$VANA
$ZRX
$YFI
SEC Drops Yuga Labs Probe as NFT Landscape Evolves
This week marked a pivotal moment for the NFT sector as the U.S. Securities and Exchange Commission (SEC) concluded its three-year investigation into Yuga Labs, a prominent NFT company. Yuga Labs, known for its Bored Ape Yacht Club collection, hailed the decision as a “huge win,” asserting that “NFTs are not securities.” The probe, initiated in 2022, scrutinized whether certain NFTs constituted unregistered securities. The SEC’s closure without charges offers a sigh of relief for creators and collectors, signaling potential regulatory clarity in a once-uncertain space.
Meanwhile, Donald Trump’s business ventures took a digital turn as his company, DTTM Operations, filed trademarks for a Trump-themed metaverse and NFT marketplace. The ambitious project envisions a virtual world where users can shop, dine, and engage with Trump-branded luxury experiences. This move underscores the growing mainstream interest in NFTs and virtual ecosystems, even as Trump’s ownership of Yuga Labs remains a point of intrigue in the crypto community.
In another development, DraftKings settled a class-action lawsuit for $10 million, resolving allegations that its NFTs were unregistered securities. The settlement, approved on February 28, 2025, ends a legal battle that began in 2023, highlighting the regulatory tightrope NFT platforms navigate. The funds will compensate affected users, potentially setting a precedent for future disputes.
On the innovation front, Hamster Kombat launched the Hamster Network, a layer-2 blockchain built on The Open Network (TON). Designed to support Web3 gaming, this infrastructure enables developers to create fully onchain games, promising a decentralized future for interactive entertainment.
Stay informed with the Nifty Newsletter, your Wednesday guide to NFT trends, market shifts, and emerging artists shaping this dynamic landscape.
#NFTNews #CryptoNewss #TrumpNFT #DraftKings #Web3Gaming
This week marked a pivotal moment for the NFT sector as the U.S. Securities and Exchange Commission (SEC) concluded its three-year investigation into Yuga Labs, a prominent NFT company. Yuga Labs, known for its Bored Ape Yacht Club collection, hailed the decision as a “huge win,” asserting that “NFTs are not securities.” The probe, initiated in 2022, scrutinized whether certain NFTs constituted unregistered securities. The SEC’s closure without charges offers a sigh of relief for creators and collectors, signaling potential regulatory clarity in a once-uncertain space.
Meanwhile, Donald Trump’s business ventures took a digital turn as his company, DTTM Operations, filed trademarks for a Trump-themed metaverse and NFT marketplace. The ambitious project envisions a virtual world where users can shop, dine, and engage with Trump-branded luxury experiences. This move underscores the growing mainstream interest in NFTs and virtual ecosystems, even as Trump’s ownership of Yuga Labs remains a point of intrigue in the crypto community.
In another development, DraftKings settled a class-action lawsuit for $10 million, resolving allegations that its NFTs were unregistered securities. The settlement, approved on February 28, 2025, ends a legal battle that began in 2023, highlighting the regulatory tightrope NFT platforms navigate. The funds will compensate affected users, potentially setting a precedent for future disputes.
On the innovation front, Hamster Kombat launched the Hamster Network, a layer-2 blockchain built on The Open Network (TON). Designed to support Web3 gaming, this infrastructure enables developers to create fully onchain games, promising a decentralized future for interactive entertainment.
Stay informed with the Nifty Newsletter, your Wednesday guide to NFT trends, market shifts, and emerging artists shaping this dynamic landscape.
#NFTNews #CryptoNewss #TrumpNFT #DraftKings #Web3Gaming
Cathie Wood Dumps More Palantir Shares Despite ‘Holy Grail’ AI Deal — Here’s What ARK Bought Instead
Cathie Wood-led Ark Invest made significant trades on Tuesday, focusing on companies like DraftKings, Palantir Technologies, and Shopify.
On Tuesday, Ark Invest made a substantial purchase of DraftKings shares across multiple ETFs. The Ark Fintech Innovation ETF acquired 53,400 shares, while the ARK Innovation ETF added 346,577 shares, and the ARK Next Generation Internet ETF bought 99,506 shares. With DraftKings' stock closing at $31.16, the total value of these transactions amounted to approximately $15.6 million.
DraftKings recently announced a significant expansion through the acquisition of Railbird Technologies and its wholly owned subsidiary, Railbird Exchange, LLC, which bolsters DraftKings' strategy to enter the prediction markets. The company has confirmed plans to launch DraftKings Predictions, a mobile application that will allow customers to trade event contracts.
Ark Invest reduced its Palantir holdings on Tuesday. The ARKF fund sold 2,800 shares, the ARKK fund offloaded 13,627 shares, and the ARKW fund parted with 5,217 shares. With Palantir's stock closing at $189.6, the total sale value was approximately $4.1 million.
Palantir recently hit an all-time high, driven by major contracts and strategic partnerships, including a $200 million deal with Lumen Technologies, enhancing its AI capabilities. Palantir CEO Alex Karp hailed the deal as "the holy grail for businesses," saying it would make AI data processing 200 times faster and cheaper. Lumen confirmed the $200 million price tag, part of its $1 billion cost-cutting overhaul.
Notably, Ark Invest has been shedding Palantir shares as they chart new highs. On Monday, the Wood-led firm sold 13,922 shares worth nearly $2.63 million.
•••
▫️ Follow for tech, business, & market insights
#CathieWood #ArkInvest #DraftKings #Palantir #StockMarket
🚨 NFT SCAM ALERT – PROTECT YOUR CRYPTO! 🚨
Scammers are getting smarter, and NFT investors on Binance are the latest targets! If you're into NFTs, watch out for these dangerous scams:
🔴 COMMON NFT SCAMS:
✅ Fake Airdrops – You receive a “free” NFT, but interacting with it drains your wallet.
✅ Phishing Links – Fake marketplace links trick you into approving transactions.
✅ Impersonation – Scammers pretend to be Binance or top NFT projects.
✅ Pump & Dump – Influencers promote worthless NFTs, then vanish after selling.
✅ Rug Pulls – Developers disappear after hyping and selling out collections.
🔥 HOW TO STAY SAFE:
⚡ Always double-check official URLs & social media accounts
⚡ NEVER share your seed phrase – No admin will ask for it!
⚡ Verify projects & marketplaces on Binance, OpenSea, and Magic Eden
⚡ If it sounds too good to be true, it’s a scam!
#BinancePizzaVN #DraftKings #nftsacam #WhaleMovements #viralpost
Scammers are getting smarter, and NFT investors on Binance are the latest targets! If you're into NFTs, watch out for these dangerous scams:
🔴 COMMON NFT SCAMS:
✅ Fake Airdrops – You receive a “free” NFT, but interacting with it drains your wallet.
✅ Phishing Links – Fake marketplace links trick you into approving transactions.
✅ Impersonation – Scammers pretend to be Binance or top NFT projects.
✅ Pump & Dump – Influencers promote worthless NFTs, then vanish after selling.
✅ Rug Pulls – Developers disappear after hyping and selling out collections.
🔥 HOW TO STAY SAFE:
⚡ Always double-check official URLs & social media accounts
⚡ NEVER share your seed phrase – No admin will ask for it!
⚡ Verify projects & marketplaces on Binance, OpenSea, and Magic Eden
⚡ If it sounds too good to be true, it’s a scam!
#BinancePizzaVN #DraftKings #nftsacam #WhaleMovements #viralpost
🚨 LATEST: Polymarket will serve as the designated clearinghouse for DraftKings’ prediction market 🎯
This comes right after DraftKings acquired Railbird Technologies, a CFTC-regulated contract market.
If DraftKings and FanDuel roll out sports prediction markets soon, it could eat into Kalshi’s market share fast. 👀
#Polymarket #DraftKings #Kalshi #PredictionMarkets #CryptoNews
This comes right after DraftKings acquired Railbird Technologies, a CFTC-regulated contract market.
If DraftKings and FanDuel roll out sports prediction markets soon, it could eat into Kalshi’s market share fast. 👀
#Polymarket #DraftKings #Kalshi #PredictionMarkets #CryptoNews
Login to explore more contents